18th Sep 2018
Core Industrial Partners (Core), a Chicago-based private equity firm, has taken over Midwest Composite Technologies (MCT), a leading additive manufacturer of prototype and low-volume production components founded in 1984, establishing an industry technology 4.0 platform that it plans to build upon. Financial terms of the transaction were not disclosed.
6th Sep 2018
Swedish material tech start-up Corebon has come out with a new revolutionary method for producing components of carbon fibre reinforced plastics which is applicable to a wide range of products in industries such as automotive, telecommunication, aerospace and robotics. Scania’s corporate venture capital fund is investing in the patented innovation.
28th Aug 2018
Haydale, the global advanced materials group, has installed and commissioned a two-roll lab mill at its site in Loughborough, UK. This will allow Haydale to compound nanomaterials into a range of elastomers for use in property improvements, such as thermal conductivity, electrical conductivity and increased mechanical performance desired by customers.
27th Aug 2018
LyondellBasell has taken over A Schulman, a global supplier of high-performance plastic compounds, composites and powders. The acquisition more than doubles LyondellBasell's existing compounding business and broadens the company's reach into high-margin end markets such as automotive, construction materials, electronic goods and packaging.
22nd Aug 2018
Advanced materials and specialty chemicals company Solvay is expecting its polyamides activities to be temporarily impacted by the severe drop in water levels along the Rhine river following the persistent heat and drought in Central Europe. Rhine begins in the southeastern Swiss Alps and empties into the North Sea flowing through the German Rhineland.
16th Aug 2018
The profit before tax (PBT) of Garware Technical Fibres has grown 20.1 per cent to Rs 46.2 crore in the first quarter of 2019 as compared to Rs 38.4 crore in the same quarter last year. The company's net sales was up by just 0.4 per cent to Rs.244.3 crore in the first quarter of 2019 as compared to Rs 243.2 crore in the corresponding period of last...
9th Aug 2018
Thai Acrylic Fibre (TAF), developer of acrylic fibres, and Bulliontex, a leading textile group, have joined hands to offer highest quality outdoor fabrics for Thailand market. These fabrics, made with TAF’s Durashine fibre, a superior quality solution dyed acrylic fibre, are used for applications like awnings, outdoor furniture, marine fabrics, and so...
7th Aug 2018
Albany International has recorded net sales of $256.2 million in the second quarter of fiscal 2018, an increase of 18.9 per cent compared to the same period in the previous year. Excluding the impact of the adoption of the new revenue recognition standard (ASC 606) and currency translation effects, the company's net sales increased 17.0 per cent.
6th Aug 2018
Bostik has completed the acquisition of the industrial adhesives of Nitta Gelatin Inc by the Bostik-Nitta joint-venture in Japan. The acquisition will help Bostik to step up its development particularly in the fast-growing nonwoven markets for hygiene applications and in the packaging, labelling, transportation and electronics industrial markets.